Troms Offshore Supply has received its new build no 773 at STX Søviknes shipyard in Norway. The ship will be given the name MV Troms Sirius in a naming ceremony to be arranged in Stavanger on Thursday 31st May. Troms Sirius is a Clean Design diesel electric PSV (Platform Supply Vessel) with a deck a
Seawork has been chosen as the venue for Blyth Workcats to launch a boat that promotes it into a new league of boatbuilding. The Blyth 17-metre is the largest to come from this long-established Essex boatyard and has been designed to supply the offshore energy sector with a practical and robust work
ESL Shipping Ltd, part of the Aspo Group, has taken delivery of a new 56,000 dwt vessel from the Korean Hyundai Mipo shipyard. M/s Kumpula is the second of two dry cargo vessels built in Vietnam, and owned by ESL Shipping. The vessel was named in a ceremony on Friday May 18. Mrs Anja Arteva, [&helli
A contract for delivery of a set consisting of five Borey class nuclear submarines has been signed on Friday by the Russia’s Defense Ministry and United Shipbuilding Corporation (USC), Alexei Kravchenko confirmed to RIA NOVOSTI on May 28. Reportedly, no further details are known about the contract s
Mustang Marine announced the merger of Mustang Marine (Wales) Ltd with Milford Haven Ship Repairers (MHSR). Currently the trading name for Milford Haven Port Authority, MHSR is to be rebranded under the Mustang Marine (Wales) Ltd name and will operate from the existing two sites, the dry dock facili
Bergen Group Dreggen has been awarded a new contract with the EPC contractor Techint Engenharia e Construção SA in Brazil. The contract has an estimated value of NOK 60-70 million, and comprises delivery of a total of 4 offshore lattice boom cranes for two fixed wellhead platforms being constructed
Frontline 2012 Ltd. announce that it has completed a private placement of 56,000,000 new ordinary shares of USD 2.00 par value at a subscription price of USD 3.75, raising USD 210 million in gross proceeds to the Company (the “Private Placement”). Frontline 2012 has concluded an agreement to acquire
Havyard Group is proof that it is possible for a Norwegian company to do successful business in India. The group has once again signed a contract for delivery of a PSV vessel to Global Offshore with option for one further delivery. Since 2005 contracts to the value of NOK 2 billion have been signed
According to SeatradeAsia, the world’s largest shipbuilder Hyundai Heavy Industries (HHI) has secured a contract to build up to four pure car carriers for Eukor Car Carriers. Korea based Eukor Car Carriers has placed an order for two 6,600-ceu carriers plus an option for two more with the Korean shi
The National Shipping Company of Saudi Arabia Bahri announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Tuesday, 29th May 2012 in Korea a new chemical tanker named NCC SHAMS with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as
The South Korean shipyard STX Offshore and Shipbuilding began steel cutting for the first high-tech ship a series of four liquefied natural gas (LNG) carriers. The ships will be built on a joint class of Russian Maritime Register of Shipping (RS) and Lloyd’s Register (LR) with the symbol KM (*) Ice2
Veripos, a world leader for provision of GNSS positioning support to the offshore oil and gas industry, has been commissioned by Aberdeen-based Specialist Subsea Services (S3), the survey, positioning and ROV subsidiary of the Reef Subsea group of companies, to supply facilities and equipment aboard
Lomar has increased its fleet size further with an order for up to six new container ships. The 1,100 nominal TEU capacity vessels are geared and have a homogeneous load capability of 705 TEU at 14mt/TEU. These vessels are being built by Yangzijiang Shipbuilding (Holdings) Ltd., a private shipyard i
UAE-based Topaz Energy and Marine Ltd. (Topaz), a leading oilfield services multinational and a subsidiary of Renaissance Services, has signed phase one of a US$ 330 million loan agreement with a syndicate of banks towards the refinancing of some of its existing loans. The deal paves the way for ext